So You Thought You Could Drive in … Singapore?

By

Laura Schwartz

Mar 12, 2015 10:05 pm ET

Singapore’s streets abuzz with zippy sports cars.

Laura Schwartz

It’s no secret that Singapore loves cars. The Formula One Grand Prix is a huge annual event drawing hundreds of thousands and sleek sports cars can often be seen zinging down the city’s clean streets. But for a culture that celebrates cars, it’s shockingly expensive to own one – both for locals and expats. For example, the price tag on a Kia Optima? About $147,000 Singapore dollars (or about US$107,700).